21A & 21B Military Road,
Avondale Heights, VIC 3034

In a high-profile retail precinct, this rare cluster of three properties (all on one title) makes an ideal choice for astute investors with its perfect location, value-adding potential and rewarding returns.

The property itself (Business 1 Zoned) consists of two ground-floor shop fronts and a separate upstairs apartment comprising two bedrooms, central bathroom, spacious lounge, kitchen/meals area, newly installed windows and sliding doors and a spacious balcony.


___21A shop with secure tenancies in place for $18,000 per annum plus GST leased until September 2021.
___ 21B: shop vacant, anticipated rental of approximately $1,900 per calendar month
___Upstairs apartment leased month by month for $1,200 per calendar month.

Both shops include essential staff amenities and storage areas as well as off-street parking via rear ROW. With a current passing rental of $24,200 per annum, with the potential to be increased to $47,000 per annum.

DOUGLAS KAY REAL ESTATE
280 HAMPSHIRE ROAD
SUNSHINE VIC 3020